United States: Firm And Principal Settle FINRA Charges For Failing To Retain Business-Related Text Messages - Cadwalader, Wickersham & Taft LLP

United States: Firm And Principal Settle FINRA Charges For Failing To Retain Business-Related Text Messages - Cadwalader, Wickersham & Taft LLP

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A firm and its general securities principal settled FINRA charges for (i) failing to maintain a reasonable supervisory system that detects potentially manipulative trading and (ii) failing to review and retain business-related text messages.

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